Health Management Technology April 24, 2018

According to a new market intelligence report by BIS Research, titled “Global Blockchain in Healthcare Market- Analysis and Forecast, 2017-2025”, the blockchain in healthcare is estimated to be $176.8 million in 2018, and is estimated to grow over $5.61 billion by the end of 2025.

The development in providing efficient healthcare services is extensively dependent on technological advances in the information technology, and particularly in the ability to record and store information conveniently and economically and share it securely among different applications and systems. Blockchain technology is being touted as the panacea for all of healthcare’s information system interoperability and security-related challenges.

Blockchain can play a critical role in overcoming the shortcomings and challenges associated with legal systems. Some of...

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